INSURASALES

Tag: Premium Rates

Florida Peninsula Insurance Proposes Significant Homeowners Premium Reductions

Florida Peninsula Insurance seeks approval for substantial homeowners and condo premium reductions in Florida, signaling potential market stabilization amid regulatory reforms and hurricane season risks.

Massachusetts Regulators Approve Mixed 2026 Health Insurance Premium Changes

Massachusetts insurance regulators approve 2026 premium increases for six carriers, reject high hikes proposed by Blue Cross and WellSense in the merged individual and small business health insurance market.

Washington Auto Insurance Rate Increases Slowing in 2025

Washington auto insurance rate increases are slowing, with projected 1.8% rise in 2025 after prior high jumps. Regulatory review ensures rates align with claims costs.

North Carolina Approves 5% Auto Insurance Rate Increase with Lower Motorcycle Rates

North Carolina's Insurance Commissioner approves a 5% average increase in automobile insurance rates and a 16.3% decrease in motorcycle liability premiums, highlighting regulatory adjustments and market impacts starting October 1, 2025.

Georgia Tort Reform Expected to Lower Insurance Premiums by 3-5%

Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.